⚡ Flash Summary
The MCB Investment Management Limited, as the management company of ALHAMRA ISLAMIC MONEY MARKET FUND (ALHIMMF), has announced a daily dividend distribution. This dividend, amounting to Re. 0.0264 per unit, will be paid to unit holders registered as of October 13, 2025. The announcement was made on October 14, 2025. This distribution provides a small, immediate return to investors in the fund.
📌 Key Takeaways
- 📅 Announcement date: October 14, 2025.
- 💰 Dividend per unit: Re. 0.0264.
- 🗓️ Record date: October 13, 2025.
- 🏦 Fund name: ALHAMRA ISLAMIC MONEY MARKET FUND (ALHIMMF).
- 🏢 Management company: MCB Investment Management Limited.
- 📜 Dividend approved by the Board of Directors.
- ✅ Payout to unit holders registered as of the record date.
- 🔍 Focus: Daily dividend distribution.
- 🎯 Target investors: Unit holders of ALHIMMF.
- ℹ️ Information source: Official company announcement.
🎯 Investment Thesis
HOLD. This announcement confirms a small, regular income stream from a low-risk investment. While the dividend provides a modest return, the primary objective of a money market fund is capital preservation. Investors seeking higher returns should consider other asset classes. Given the limited information, the recommendation is to HOLD the investment.
Disclaimer: AI-generated analysis. Not financial advice.